Positive political environment and high potential for waste-to-energy industry

In July 2014, the Chinese National Development and Reform Commission released The National Key Promotion of Low-Carbon Technologies Directory. Totally 34 kinds of low-carbon technologies have been included in the directory, inter alia the waste-to-energy (WTE) technology.

The total investment in the WTE technology is expected to be RMB 26 billion, ranking third of all 34 technologies. It is expected that WTE technology will be actively promoted with the target of 30% proportion in municipal waste treatment field in the next 5 years. The daily processing capacity will amount to 100,000 tons or above, which will help the realization of carbon emission reduction equalling to be 7.65 million tons of carbon dioxide per year.

The trend of waste-to-energy will continue its rapid development. It is expected that there will be more than 300 waste-to-energy facilities with all kinds of production and construction, with the daily capacity of 300,000 tons as of the end of 2015. The waste-to-energy industry in China is conservatively estimated to have more than 200 billion market prospect.